Source: Company Disclosure, ChinaScope Financial (Data)
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China Life Insurance Co., Ltd. reported that
the company’s direct written premium amounted to CNY 133 billion during the
January-April period, down 8.53% year-on-year.
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China Life Insurance’s premium income was CNY
113.8 in 2011Q1, down 7.5% year-on-year. The figure continued to fall in April.
China Life’s net profit dropped mainly due to declining direct written
premiums since 2011.
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